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  • #801
  • Nov 11, 2012 11:55am Nov 11, 2012 11:55am
OK I am not going to clutter up your thread with Kudos, but that was one of the coolest posts I have ever seen on forex factory or anywhere else. Thanks for being kind enough to share it. Best!
  • #802
  • Nov 11, 2012 12:17pm Nov 11, 2012 12:17pm
Quoting Swamp Yankee
OK I am not going to clutter up your thread with Kudos, but that was one of the coolest posts I have ever seen on forex factory or anywhere else. Thanks for being kind enough to share it. Best!
Thanks! Just bare in mind that you're not going to take every turn. Just those that make the most sense to your plan and methods. Out of all of those arrows I only shorted once in each triangle.
  • #803
  • Nov 12, 2012 6:07pm Nov 12, 2012 6:07pm
Did you guys enjoy watching the grass grow as much as I did? Tune in tomorrow and we'll watch paint dry. I caught the first push down and then it took forever until things finally broke out, but so far so good.

http://content.screencast.com/users/...2012-11-12.gif
  • #804
  • Nov 13, 2012 6:54am Nov 13, 2012 6:54am
I ended up closing my shorts about 30 min. after that last entry. It ended up being break even. I didn't catch any of the move up since it was against the trend but set a new high on my lower time frame chart. I waited for the pull back and I'm now long and looking for longs for a bit. Here's my 4 hr. chart showing how price was playing between 2 angled lines.

http://content.screencast.com/users/...2012-11-13.gif
  • #805
  • Nov 13, 2012 7:08am Nov 13, 2012 7:08am
1 hr square showing the initial target. 1x1 is usually my first target.

http://content.screencast.com/users/...2012-11-13.gif
  • #806
  • Nov 13, 2012 8:07am Nov 13, 2012 8:07am
Almost there!
  • #807
  • Nov 13, 2012 8:10am Nov 13, 2012 8:10am
screenie

http://content.screencast.com/users/...2012-11-13.gif
  • #808
  • Nov 13, 2012 8:11am Nov 13, 2012 8:11am
Quoting JR97
screenie

http://content.screencast.com/users/...2012-11-13.gif
Good shootin JR!!
  • #809
  • Nov 13, 2012 6:58pm Nov 13, 2012 6:58pm
Updated 4h and 1h. Looking good. 1h 1x1 is cleared.

http://content.screencast.com/users/...2012-11-13.gif

http://content.screencast.com/users/...2012-11-13.gif
  • #810
  • Nov 15, 2012 1:20am Nov 15, 2012 1:20am
4h chart. Looking to short.

http://content.screencast.com/users/...2012-11-15.gif
  • #811
  • Nov 15, 2012 2:40am Nov 15, 2012 2:40am
Quoting egkid
Update
Still holding my long@2720
will b watching my Sunday candle close and depends on close will review my plan.
1.27 very critical point to me , So far no close under it.
position still in play wait 2820
  • #812
  • Nov 15, 2012 8:42am Nov 15, 2012 8:42am
Shorts never materialized. Not looking for anything until next week.
  • #813
  • Nov 16, 2012 7:23am Nov 16, 2012 7:23am
I should have kept looking short, eh? I decided not to trade the rest of the week and I wish I had.

Anywho, below is a fancy wavy line forecast I adjusted at the start of the week and then how it's played out so far. Pretty close.

http://content.screencast.com/users/...2012-11-14.gif

http://content.screencast.com/users/...2012-11-16.gif

See that price number at the start of the forecast? That says it all. 1 number spitting out a series of numbers that recombines into a fancy wavy line.
  • #814
  • Nov 18, 2012 6:09am Nov 18, 2012 6:09am
Quoting JR97
I get asked all the time to share my squaring indicator. That's not gonna happen anytime soon. I've also been asked a lot about scaling. Since setting squared chart relationships is a bit of a hassle in mt4 one option is to use shapes that don't require perfectly set shapes. Circles, squares, equilateral triangles, and even ellipses pretty much need squared charts or they don't look right and can be mathematically proportioned wrong even if you do get them to look right. So one easy fix is to just a triangle anchored to price at all 3 points....

So there ended up not being a whole lot of volatility. I drew in arrows at the more discernible reactions to the lines and added horizontal lines and highlighted where price respected those levels.

Hopefully you can see how Price-Time Squaring doesn't always have to involve squares. You can use any geometric shape. The advantage of this triangle method is that the points are based on price and not geometric angles which means the chart doesn't need to be scaled.

http://content.screencast.com/users/...2012-11-18.gif
  • #815
  • Nov 18, 2012 1:57pm Nov 18, 2012 1:57pm
The chart below is an advanced technique I used to use I called geometric decay. The purple triangle is the root triangle and every triangle after that is exactly the same only smaller. They get smaller at a specific rate of decay related to the distance between an apex and 2 bisectors. Obviously not every line is tradeable but quite a few of them are.


http://content.screencast.com/users/...2012-11-18.gif

You could use any root triangle and just run out the sequence and get hits.

http://content.screencast.com/users/...2012-11-18.gif

Play around. Maybe you'll find something new. Share if you do.
  • #816
  • Nov 19, 2012 6:48am Nov 19, 2012 6:48am
Short GBP/CHF

http://content.screencast.com/users/...2012-11-19.gif
  • #817
  • Nov 19, 2012 6:51am Nov 19, 2012 6:51am
Short Eurooo

http://content.screencast.com/users/...2012-11-19.gif

The next 2 charts show how the Eurooo played out on the last 1 hr square I had posted up from last week and then advancing the square. There's a pretty mirror going on.

http://content.screencast.com/users/...2012-11-19.gif

http://content.screencast.com/users/...2012-11-19.gif
  • #818
  • Nov 19, 2012 7:50am Nov 19, 2012 7:50am
Quoting egkid
position still in play wait 2820
good boy
  • #819
  • Nov 19, 2012 9:49am Nov 19, 2012 9:49am
Euro short stopped out. GBPCHF kicking butt.
  • #820
  • Nov 19, 2012 10:25am Nov 19, 2012 10:25am
Quoting JR97
Euro short stopped out. GBPCHF kicking butt.
E/U
my view trend changed to up as long as no close under 1.27
next point i wait 1.2875
PS: 2780 COULD B Touch before 2875
GL
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